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If you received fifty thousand dollars how would you spend or invest the money? |
If you received fifty thousand dollars how would you spend or invest the money? I would buy some land I have my eye on and then I would invest the other 25,000! vacation to paris and australia I would put 25,000 of it into a couple different mutual funds, and would pick 20 different stocks to put 1,000 each into, and spend the other 5,000 on home improvements. Tough question. The rule of thumb between those who are rich and those who are not is the rich invests first and pay bills second. The not so rich pays bills first and invests second. I would invest first for the future and then pay off bills second for the present. open up an i.r.a roth, they younger you start the better, maybe a used car if i didnt have one, bills here and there also put some in a savings account First I would spent some money to the needy,then use the rest for my future Happened 3 years ago. lottery. Invested some in property I owned.Some in work equipment. Rest I ate-drank-smoked. |
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If your work offers a 401 plan, invest in that. These allow you to deduct money form your paycheck before taxes are calculated. You can always invest more money but only so much can be deducted... Put it in a CD! Don't invest in any companies. Real Estate fluctuates too much these days. And everyone within 6 Degrees will ask for a loan. Don't loan it out. Good luck Hon. Well the answer is simple. If you are going for quick bucks its your choice no market expert would help you on which share to invest and which shares to sell. Because many times exactly the opposit... Please let us all know when you find an answer. I'm open to an investment guaranteed on that kind of return. I wouldn't hold my breath tee hee tee hee (QUITE A STRETCH DON'T Y... If you want a quick return on your money then trading in cfd,s is the way to go. You dont actually buy shares as such but buy a contract on the assets. You then earn or lose money on the openin... Put your savings into some indexed mutual funds ...If your company has a 401k plan, especially with the employer matching all or part of what you put in, then (assuming that you have that kind of cushion so that you won't miss it), max out you... Well, the only place I kown of where there is a guarantee is a bank account. Even there the guarantee is somewhat doubtful since it is only the U S government which offers the guarantee and I am n... |
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